Law360, New York (June 30, 2009) -- The court overseeing insurance agency Brooke Corp.'s bankruptcy has granted a trustee's motion to convert the company's Chapter 11 proceedings to Chapter 7, noting that nearly all the debtors' employees have been terminated and that there is no prospect of reorganization.
Judge Dale L. Somers of the U.S Bankruptcy Court for the District of Kansas signed off on an order on Monday granting an April 30 motion to convert the jointly...
